Adds Taiwan to the countries that get shorter congressional certification and reporting periods under the Arms Export Control Act, and requires the State Department to study faster licensing for allies sending military equipment to Taiwan.

• Adds Taiwan alongside New Zealand and Israel in several sections of the Arms Export Control Act, so shorter certification and reporting periods apply to arms sales to Taiwan
• Requires the Secretary of State to assess within 90 days whether an expedited licensing process is feasible for third-party transfers of defense articles to Taiwan from NATO members, Japan, Australia, South Korea, New Zealand, or Israel
• Directs the Secretary of State to report every two years on the implementation and effectiveness of these amendments
• States that nothing in the Act changes U.S. policy toward Taiwan under the Taiwan Relations Act, and ceases to have effect 7 years after enactment

• Foreign Relations Committee (Senate)

International Affairs